EUR/USD at the 1.3800 level.

[fxstrategist]

If the Retail Sales from the US come out below expectations, then the EURUSD may be able to break above the 1.1400 level.

 

[Fxwes]

The euro recorded an increase against the dollar on Tuesday. The single currency justified the short-term expectations and resume the upward move from the end of last week. There is high probability for testing the resistance at 1.1436. Tuesday session started at 1.1357 and the bullish sentiment was most intense in the early hours. As a result, currencies reached a peak for the day at 1.1410. Subsequently followed a correction and the session finished at 1.1378.

 

[honeill]

Yesterday the EURUSD went back and forward with a wide range plus without any clear direction but managed to close in the green at the middle of the daily range.

The key levels to watch are 1.1460 (Resistance), the 10-day moving average at 1.1305 (support) and 1.1237 (support).

 

[csc2009]

Eur/Usd has finally moved above 1.1400 level and so far the pair stay above the level, so that brings the next tough resistance zone would be around 1.1440/60.

 

[abdul2012]

The EUR/USD rose higher today above the 1.1400 level but the 1.1460 resistance level rejected the pair elevation as it was expected, We will see if there are other tries to test that strong resistance tomorrow.

 

[victoriajensen]

The EUR/USD rose higher today above the 1.1400 level but the 1.1460 resistance level rejected the pair elevation as it was expected, We will see if there are other tries to test that strong resistance tomorrow.

It's testing 1.1460 again and I think this time it will manage to break above it. Should it manage to do so it will likely reach 1.1700 - 1.1710.

 

[sherif fares]

EUR/USD broke yesterday resistance 1.1400 and now testing 1.1470 I am still bullish on the pair.

 

[fxstrategist]

We knew that if the Retail Sales out of the US came out worse than expected, the EURUSD would break above the 1.1400 level. Now if the CPI numbers also dissappoint, it may try to break above the 1.1500 level.

 

[Fxwes]

The euro marked increase against the dollar on Wednesday. The session was very successful for the single currency, and bulls prevailed from the beginning to the end of trading. As a result, the resistances at 1.1436 and 1.1460 were broken. If the positive momentum continue in the future, currencies will test key level at 1.1559. Wednesday session started at 1.1378 and finished with 95 pips higher. Peak of the day was reached shortly before the end of the trading day, at 1.1478.

 

[honeill]

Yesterday the EURUSD rallied with a wide range and closed in the green near the high of the day, above the 1.1460 resistance.
It could have found some resistance and we may see a pullback before another move upward.
The key levels to watch are 1.1556 (Resistance), 1.1460 (Resistance), the 10-day moving average at 1.1336 (support) and 1.1237 (support).